Quadrant Private Wealth Management LLC Has $260,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

Quadrant Private Wealth Management LLC lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 19.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,869 shares of the exchange traded fund’s stock after purchasing an additional 1,589 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in iShares Silver Trust were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Quadrature Capital Ltd acquired a new stake in iShares Silver Trust in the 3rd quarter valued at $91,122,000. Toronto Dominion Bank boosted its stake in iShares Silver Trust by 18.6% in the 3rd quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after buying an additional 358,806 shares in the last quarter. Bank of Montreal Can boosted its stake in iShares Silver Trust by 258.4% in the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after buying an additional 1,370,298 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares Silver Trust by 1.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock valued at $53,294,000 after buying an additional 30,116 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in iShares Silver Trust by 3.6% in the 3rd quarter. MML Investors Services LLC now owns 765,406 shares of the exchange traded fund’s stock valued at $21,745,000 after buying an additional 26,281 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $29.31 on Friday. The stock’s fifty day simple moving average is $27.86 and its 200 day simple moving average is $27.86. The firm has a market cap of $13.76 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.45 and a one year high of $31.80.

iShares Silver Trust Profile

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.